Compared to February, the level of construction costs in Latvia grew by 0.1% in March. Prices of building materials increased by 0.5%, but labor remuneration of workers, as well as maintenance and operational costs of machinery and equipment – reduced by 0.4%, according to the latest data from the Central Statistical Bureau of Latvia. In…
The Lithuanian government has allowed regular Vilnius-Frankfurt flights to resume on May 10. Flights in Lithuania were allowed to start on April 30, but all inbound flights needed to be approved by the government. There are no restrictions on outbound flights, “as they will not affect the epidemiological situation in the country,” according to the…
The number of commissioned healthcare facilities is growing in the Zhambyl region. An oncological hospital is being built. A new healthcare institution will appear in a new 14th district of the city of Taraz. The implementation of the project worth KZT4.6 billion started in November 2018. It is scheduled to be completed in July 2021.…
JSC Bogdan Motors automobile company, combining the production assets of Bogdan Corporation, in January-March received a net loss of UAH 610.3 million, while in the first quarter of 2019 its net profit was UAH 161.61 million. According to the interim report of the company, its net income for this period decreased by 39%, to UAH…
Infrastructure Minister Vladyslav Kryklii says Ukraine’s joint-stock railway company Ukrzaliznytsia (UZ) has put its cooperation with Deutsche Bahn and preparations for an initial public offering (IPO) on hold. “Consultations with Deutsche Bahn will be put on hold,” he said. “Do you remember the amount of the bid? It’s over UAH 80 million ($2.95 million). UZ…
The Armenian Central Bank on April 28 cut its key refinancing rate by 0.25%, to 5%. In March, the country’s consumer price index rose by 0.5% MoM, but was down by 0.1% YoY, the bank said. The central bank will hold its next meeting on rates on October 29. The central bank also said that…
Georgia intends to begin indexing pensions to inflation and economic growth, says Georgian Finance Minister Ivane Matchavariani. “An increase in pensions for people less than 70 years old will be adjusted based on the inflation rate, while an increase of pensions for people above 70 will be adjusted based on 80% of economic growth as…